Exhibitors to the 7th CIIE introduce their products during a preparatory meeting in July. [Photo/Xinhua] The China International Import Expo will continue to cement its status as the global launchpad for new products, technologies and services, attracting a growing number of companies eager to capitalize on the immense potential of the Chinese market and grow…
An engineer conducts a bike-frame test at the Xidesheng Bicycle Co in Shenzhen, Guangdong province. [Photo/Xinhua] BEIJING — Exemplified by sports manufacturing and tourism, China’s sports industry has experienced rapid growth over the past decade. In July, top-tier international cycling team Astana Qazaqstan announced that it had reached a five-year investment agreement with Shenzhen Xidesheng…
A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, Jan 25, 2021. [Photo/Agencies] SAN FRANCISCO — Microsoft on Wednesday posted a revenue of $65.6 billion for the first quarter of its 2025 fiscal year ending Sept 30, 2024, up 16 percent from the same period…
An aerial drone photo taken on Nov 9, 2023 shows a newly-built residential complex in Feixi county of Hefei city, East China’s Anhui province. [Photo/Xinhua] China will implement a normalized adjustment mechanism to narrow the gap between the interest rates of existing mortgages and newly-issued mortgages starting Friday, as part of the country’s ramped-up efforts…
Modern chips are propelling the semiconductor industry forward. [Photo provided to chinadaily.com.cn] Modern chips, which are becoming increasingly complex and integrated, are gradually propelling the entire semiconductor industry forward, making chip quality and related technological breakthroughs imperative, said a chip expert. Wang Xiaoyin, a core engineer from Teradyne China Design Center, said by incorporating advanced…
An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY China’s purchasing managers index for the manufacturing sector improved for the second consecutive month in October to a six-month high of 50.1, recovering back to the expansionary territory, the National Bureau of Statistics said on…
A man and a woman check a blind box in front of a Pop Mart vending machine in Shanghai on Dec 23, 2020. [Photo/IC] China’s Generation Z consumers have become increasingly drawn to purchases that offer emotional value, such as the popular blind box toys, South China Morning Post reported on Sunday. In a recent…
A logo of Chinese e-commerce giant JD. [Photo/IC] Chinese e-commerce giant JD has accepted the mobile payment option from Alipay, which is operated by financial technology company Ant Group. This marks a significant step that experts say breaks down payment barriers between the two internet companies, and enhances interconnectivity of various online platforms. Alipay said…
A contestant checks coffee beans during a coffee processing contest in Kunming, Yunnan province, on Oct 15. [LIU RANYANG/CHINA NEWS SERVICE] Major players in China’s growing coffee market are pivoting their strategies in order to stay competitive. Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and…
An automatic sprinkler is in operation in an agricultural demonstration area in Jinan, Shandong province. Li Menghan / China Daily In southwestern Shandong province, Juye county is bolstering smart agriculture in a bid to make local field management more scientific and technological. In recent years, Juye has sped up building high standard farmlands, and promoted…